Persimmon Plc (OTCMKTS:PSMMY) Short Interest Up 553.3% in March

Persimmon Plc (OTCMKTS:PSMMY - Get Free Report) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 309,000 shares, an increase of 553.3% from the March 15th total of 47,300 shares. Approximately 0.2% of the company's shares are short sold. Based on an average daily volume of 193,700 shares, the days-to-cover ratio is presently 1.6 days.

Persimmon Trading Up 2.8 %

Shares of OTCMKTS:PSMMY traded up $0.90 on Friday, hitting $32.54. The company had a trading volume of 5,348 shares, compared to its average volume of 34,589. The firm's 50-day simple moving average is $30.73 and its two-hundred day simple moving average is $32.62. Persimmon has a 1 year low of $25.47 and a 1 year high of $45.60.

About Persimmon

Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassettes under the brand Space4.